Post Reply 
US Stocks - Watchlist and Discussion
08-30-2013, 05:56 PM (This post was last modified: 08-30-2013 05:58 PM by isatrader.)
Post: #145

RE: Watchlist - Traders method


Here's a number of stocks in the US already in and potentially breaking down into Stage 4A today. ARTC, CDXS, CYNO and EBAY which was flagged by Jere on Wednesday on the thread.


Attached File(s) Thumbnail(s)
               

isatrader

Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill – Reminiscences of a Stock Operator.
Find all posts by this user
Quote this message in a reply
08-31-2013, 07:18 PM (This post was last modified: 08-31-2013 07:20 PM by Jere.)
Post: #146

RE: Watchlist - Traders method


Nice bear flag, its already dropped 20%, but the longer the base the greater the move. and this on has over a year and a half of horizontal movement. PNF chart shows a bearish target of 14. MOS is in the same note. What I really like here is that there is no support level nearby for the last 2 years!


Attached File(s) Thumbnail(s)
   
Find all posts by this user
Quote this message in a reply
08-31-2013, 07:31 PM
Post: #147

RE: Watchlist - Traders method


Nice head and shoulders completion in Tata Motors (TTM), and it managed to finally close the week below the major support from the last year, so is in Stage 4A imo.


Attached File(s) Thumbnail(s)
   

isatrader

Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill – Reminiscences of a Stock Operator.
Find all posts by this user
Quote this message in a reply
08-31-2013, 07:47 PM
Post: #148

RE: Watchlist - Traders method


KORS bucking last weeks negativity in the US market to make another Stage 2 continuation move higher on Friday. Attached is the daily chart.


Attached File(s) Thumbnail(s)
   

isatrader

Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill – Reminiscences of a Stock Operator.
Find all posts by this user
Quote this message in a reply
08-31-2013, 07:52 PM (This post was last modified: 08-31-2013 07:54 PM by isatrader.)
Post: #149

RE: Watchlist - Traders method


IMRS made a Stage 4 continuation move below the June swing low to close at new all time lows.


Attached File(s) Thumbnail(s)
   

isatrader

Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill – Reminiscences of a Stock Operator.
Find all posts by this user
Quote this message in a reply
09-01-2013, 12:30 AM (This post was last modified: 09-01-2013 12:39 AM by isatrader.)
Post: #150

RE: Watchlist - Traders method


I've manually gone through the S&P 500 charts of the four sectors with a negative Mansfield Relative Strength reading this week from the sector update in the main Stage Analysis thread. The four sectors with negative relative strength readings were Basic Materials, Technology, Consumer Staples and Utilities. And I've picked out a number of Stage 4 stocks that look interesting to me for the watchlist: AA, BRCM, CTL, IBM, SO and PM.

Basic Materials

   

Technology

BRCM has already fallen a long way in a short time, but it was from a big two year range, so could present a chance to short on a pullback towards resistance possibly.

       

Consumer Staples

   

Utilities

       

isatrader

Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill – Reminiscences of a Stock Operator.
Find all posts by this user
Quote this message in a reply
09-01-2013, 12:51 AM (This post was last modified: 09-01-2013 12:54 AM by isatrader.)
Post: #151

RE: Watchlist - Traders method


A final one for tonight from my manual scans is EXPE (Expedia) which had a large gap down in July, and has been consolidating for the last month, but looks vulnerable to a Stage 4 continuation move lower, even though it's in the strongest group currently of the major sectors.


Attached File(s) Thumbnail(s)
   

isatrader

Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill – Reminiscences of a Stock Operator.
Find all posts by this user
Quote this message in a reply
09-01-2013, 12:59 PM (This post was last modified: 09-01-2013 01:00 PM by isatrader.)
Post: #152

RE: Watchlist - Traders method


JOE (St Joe) in the Real Estate Development sector ($DJUSEH) is another potential Stage 4A for the watchlist. Attached is the weekly chart and the relative performance chart versus it's major and sub-sectors.


Attached File(s) Thumbnail(s)
       

isatrader

Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill – Reminiscences of a Stock Operator.
Find all posts by this user
Quote this message in a reply
Post Reply 


Forum Jump:


User(s) browsing this thread: 2 Guest(s)